First Global Upgrades Dell (DELL) to Moderate Outperform; Increasing Sales & Market Share
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Price: $13.37 -0.15%
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade DELL Now!
First Global upgraded Dell (NASDAQ: DELL) from Market Perform to Moderate Outperform.
First Global analyst said, "DELL’s Client business is weighed more towards Commercial than Consumer, where the growth is stronger, while the company is also increasing its sales resources in the Enterprise business, which will drive a higher growth."
"DELL is aggressively investing in higher-profit-margin areas, such as storage & services through acquisitions, and is realigning its lower-margin PC business by improving the supply chain and reducing its portfolio of PC brands...DELL is expected to continue benefiting from the Enterprise PC upgrade cycle, server upgrades & server virtualization, while the company continues to earn higher revenue per box in the server space."
For more ratings news on Dell click here and for the rating history of Dell click here.
Shares of Dell closed at $15.49 yesterday, with a 52 week range of $11.34-$16.96.
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First Global analyst said, "DELL’s Client business is weighed more towards Commercial than Consumer, where the growth is stronger, while the company is also increasing its sales resources in the Enterprise business, which will drive a higher growth."
"DELL is aggressively investing in higher-profit-margin areas, such as storage & services through acquisitions, and is realigning its lower-margin PC business by improving the supply chain and reducing its portfolio of PC brands...DELL is expected to continue benefiting from the Enterprise PC upgrade cycle, server upgrades & server virtualization, while the company continues to earn higher revenue per box in the server space."
For more ratings news on Dell click here and for the rating history of Dell click here.
Shares of Dell closed at $15.49 yesterday, with a 52 week range of $11.34-$16.96.
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